Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1887-11-28
WEEKLY TRADE BULLETIN.
General Business Prospects Improving
in All Directions.

@TENH-H-a n al DiFeCulODSs
new YORK, Nov. 26.-R. G. Dun &
Cos. weekly review OF trade will saw: In
all directions business prospects are i'm
proving; although the situation nowhere
justifies such speculative wildness as
has appeared in some branches. Money
still goes to the west, and even more to
the south, and bankers anticipate some
pressure as the new year approaches. but
the treasury has increased its deposits
with the banks 81. 572, 1872 during the
past week, and so has withdrawn from
the market only 5000, COO cash. Plans
OF thrift reductions attract attention. but
do nc1seem, as yet, to nave affected the
demand for products. Exchanges
running nearly per cent. above
those of the corresponding, week
last year, and railroad earnings showing
an increase exceeding 10 per cent, with
shipments from Chicago by rail 5000
tons larger tina for the same week last
year, indicate a volume of traffic never
surpassed at this season, though reaction
from the greater activity OF September
causes, in some branches, complaint of
dulluess. The most important fact is.
that investment of foreign capital
in this country still continues, the
latest evidence OF which is a sale
of eight million of Northern Pacific
bonds to q foreign syndicate, when
foreign sales of stocks appeared to
foreshadow a contrary movement. In
October merchandise exports
to $15,0 GOO, 000,, the largest October report
for five years, and exceeded the imports
by S15, 1S6, 067. Deducting under-yalua-
ton, interest, n other items, the bal
ance on merchandise account would
not be more than So, 600, 600, leaving
most OF the net imports of specie, which
were 81, 63S, 754, to represent the new
foreign capital brought hither. In seven
months not less than $145, 900, 600 must
nave thus arrived from. abroad, which
has gone far to support the continued de-
yelopment of railroads, mines and man
nfactures, n the speculation in real
estate. Nevertheless, the effects of a
partial loss of crops begin to be felt.
From most quarters come complaints
thai collections are slow, or only fair, and
though rapid marketing of products has
brought relief at almost all southern
and some western points money is close.
AT Boston the danger of u large mercan-
tile reverse has been averted, and a better
tone prevails. At Philadelphia a bust
ness reaction from the past unusual ac-
tiyity is felt, and money is in good sup
ply. AT western centers the country de-
mand still continues, and the markets
are generally close. Large railroad earn
lngs are met in many cases by an un-
Wonted increase in running expenses.
Thus, the Pennsylvania shows a decrease
in net earnings of Sl39, $50 for October.
and the New York Central increased its
gross earnings 1892, 926 for the last
I Gl1nrtpr. unit tSI nypopcau IN, ,ouc.
81 ,lS5, 392, SO that the net earnings
fell of S352,465. Stocks closed Wednes-
day about fifty cents per share higher
than last week, but showed hesitation at
the close and declined Thursday forenoon
q fraction. Breadstuffs have advanced
wheat, 1-2c; oats, 8 SC, and corn
rose sharply. Pork has advanced
20 cents per barrel and lard 10 cents per
loo pounds, though hogs are lower. The
iron market Is still weak at P%ittsburg.
but a shade firmer for No. 2 at PhiladeI-
phia, because of scarcity of the best
grades. A decline in British exports to
this country from 100, 0S5 tons in Sep
TENDER to W, 142 in October, encourages
the trade. All cotton goods are
very firm, and some make advance
again. The WOODEN trade is quiet, with
few new orders. A break in provisions
- y asSN was lcllodSn ny u IGCUV-
cry the same day. Coal is scarce and.
higher, the strike being called the cause,
although the actual output last week was
larger, in spite of the strike, thar that of
the same week last year. .Over-produc-
ton was given as the reason for curtail-
ment by sugar reineries, but the price
quickly improved and current. statistics
sustain estimates that the worlds con-
sumption this year will closely approx
mate The sugar supply. The bureau es-
Inmates of the cotton crop are still dis
puted, but the market has Crowns stronger
IN the belief that southwestern forest
fires will delay shipment.
b business failures occurring
throughout the country during the last
seven days number, for the United States.
1877, and for Canada, 90, or atetal of 207, as
compared with 224 for last week and iii
the week previous to the last. The mum.
Der for the corresponding week of 1881
Was PIG.